The buzz is around that you don’t need any capital investment to kick start your CPA Affiliate Marketing online venture.
Is it really so?
There are lots of budding internet marketers and e-entrepreneurs who believe that by just having an internet connection, a computer system and Facebook account they can get rich online.
Although the online world promises a lot of riches and particularly CPA Affiliate Marketing; however, this does not mean that you can start your online venture with zero investment.
The truth is plain and simple.
There is no such get-rich-quick formula in the online world.
Like any other offline business, you need to do your efforts and invariably need to supplement your efforts with adequate capital investment.
CPA Affiliate Marketing offers a huge earning potential to the internet marketers. Great success stories have already been written. There are lots of e-entrepreneurs who have successfully done CPA Affiliate Marketing and have become multi-millionaires. However, the bottom line is clear. You need to prepare yourself for doing investment in order to start and run CPA Affiliate Marketing.
So if you aim to profit from CPA Affiliate Marketing, you first need to be ready and willing for making capital investment.
In this context, it would be enlightening to know how much investment you need to start CPA Affiliate Marketing. By knowing this factor, you can then make adequate arrangements for the capital to run your CPA Affiliate Marketing. You can then plan your CPA Affiliate Marketing accordingly.
Well, there are some fixed investments and as well as ongoing capital investments that you need to do. This makes it important to know every area where you need to invest your money in order to run CPA Affiliate Marketing.
So let’s see where and how much do you need to invest in order to start, run and manage your CPA Affiliate Marketing.
Budget $500 for Testing and Learning – Although CPA Affiliate Marketing offers a huge potential for making money online but this does not mean that you start earning from day one. You need to prepare yourself by testing and learning. This is the starting phase where you need to experiment in order to come out with a viable marketing strategy. For this, you are required to budget (minimum) $500 for testing and learning. You may be a budding CPA Affiliate Marketer or even having experience in it. This amount of money is used up in finding a suitable offer, designing landing pages, buying ads etc.
Tracking Software – Your CPA Affiliate Marketing efforts are not complete without the use of a competent and efficient Tracking Software. In fact, use of tracking software can help you to optimize your returns from CPA Affiliate Marketing. Running CPA Affiliate Marketing Campaign without using Tracking Software is like batting with eyes closed. Without using tracking software, you just cannot know which campaigns are being converted. There are lots of other answers you need to know.
For example, you need to figure out which Advertising Networks are most profitable for you. Whether you should run your campaigns on Facebook or take up PPV Campaigns. You also need to know which landing pages bring out favorable response from your visitors. So, with a Tracking Software you can do a comprehensive analysis of your CPA Affiliate Marketing Campaigns. In short, Tracking Software helps you to save your time, effort, money and moreover helps to maximize your returns from CPA Affiliate Marketing.
CPV Lab is one such easy-to-use, flexible and powerful Tracking Software. It is self hosted tracking software, which provides you with accurate statistics and metrics. Using CPV Lab it becomes easy to test, track and optimize your campaigns. Moreover, using CPV Lab you can track conversions down to the keyword level.
Web Hosting – CPA Affiliate Marketing cannot function without an efficient Web Hosting. You just cannot retain users and expect conversions without having a proper backup of Web Hosting. With efficient Web Hosting, you end up giving enhanced user experience to your visitors. You end up saving your time, effort and as well as money. Whether it is for hosting landing pages or creatives and whether it is for running your tracking software, you invariably require efficient web hosting services. Ideally you should go for Dedicated Web Hosting; however, a VPS Web Hosting should do the job for you quite effectively. Usually, the average cost of running VPS Web Hosting comes to about $50/month.
Recommended VPS/Dedicated Hosting – Knownhost
Building Landing Pages and Banner Ads – CPA Affiliate Marketing requires you to come up with Text Ads, Landing Pages, and Banner Ads. So you need to be skilled in designing, building ad copy, copywriting, and should possess adequate programming skills too. However, there are lots of marketers who are not fluent in these skills and, therefore, require professional help for building landing pages and Banner Ads. Moreover, in most cases CPA Affiliate Marketers prefer to hire professionals rather than building landing pages on their own. The reasons are pretty obvious. These agencies or professionals have the know-how, expertise, experience and are also aware of the latest trends. Marketers want to take advantage of their expertise and so hire their services. This requires making a handful of investment.
Spy Software or Services – In the context of CPA Affiliate Marketing, it is important to take note of the latest trends. So, you are required to keep an eye on your competitors. You need to know how they are doing CPA Affiliate Marketing, what offers and creatives they are using, what landing pages they are using, what traffic channels they are using, what advertising channels they prefer and so on and so forth. If you want to handle competitors’ analysis and spy on your competitors, you need to use Spy Software or Services. This Spy Software provides detailed competitive analysis, with respect to CPA Affiliate Marketing. You need to input the category or niche you are catering as well as some other parameters. Usually, CPA Affiliate Marketers prefer paid Spy Software as they more efficient than free ones. This requires you to make an investment so that you can maximize your returns from CPA Affiliate Marketing. A powerful and efficient Spy Software goes a long way in monetizing your CPA Affiliate Campaigns.
Working Capital for Ad Buying – CPA Affiliate Marketing invariably requires you to make provisions for Working Capital. Actually, Working Capital enables you to take initiatives and carry on your advertising efforts with respect to CPA Affiliate Marketing. When you have the Working Capital, you do not need to stop advertising or ad buying due to lack or shortage of funds. While your earnings get accrued on a day to day basis, there is actually a time lag till you receive your earnings from Affiliate Networks. It usually takes fifteen to thirty days to get your payments. So, if you do not have the Working Capital, your CPA Affiliate Marketing will come to a stand-still. You will never appreciate this scenario as it hampers the goals and targets that you have set for yourself with respect to CPA Affiliate Marketing. So, you need to possess Working Capital for Ad Buying if you wish to run your CPA Affiliate Marketing efforts smoothly.
Apart from the above investments, you may be required to make some other expenses, as well. For example, you may require outsourcing some of your tasks, may want to join some training program related to CPA Affiliate Marketing, or may even want to purchase software for designing landing pages. So you see that although CPA Affiliate Marketing offers a huge potential for earning (online), it is actually a myth that Affiliate Marketing can be done without making any investment. Thus, you should get over the notion that CPA Affiliate Marketing can be done without making any investment. Rather you should prepare yourself for making an investment start CPA Affiliate Marketing.